MASTERS CAPITAL MANAGEMENT LLC Hedge Fund

CIK: 0001104186 · Show all filings

Period: Q2 2020 (← Previous) (Next →)

Filing Date: Aug 14, 2020

Total Value ($000): $885,096 (100.0% shares, 0.0% debt)

Holdings (46)

C CITIGROUP INC 9.2%

Value ($000) $81,760 Shares 1,600,000 Est. Cost — Unrealized —

WFC WELLS FARGO CO NEW 5.8%

Value ($000) $51,200 Shares 2,000,000 Est. Cost — Unrealized —

GM GENERAL MTRS CO 5.7%

Value ($000) $50,532 Shares 1,997,300 Est. Cost — Unrealized —

BAC BK OF AMERICA CORP 5.4%

Value ($000) $47,500 Shares 2,000,000 Est. Cost — Unrealized —

— XILINX INC 4.4%

Value ($000) $39,356 Shares 400,000 Est. Cost — Unrealized —

MET METLIFE INC 4.1%

Value ($000) $36,520 Shares 1,000,000 Est. Cost $36.45 Unrealized -20.5%

PSX PHILLIPS 66 4.1%

Value ($000) $35,950 Shares 500,000 Est. Cost — Unrealized —

BMY BRISTOL-MYERS SQUIBB CO 4.0%

Value ($000) $35,280 Shares 600,000 Est. Cost — Unrealized —

UAL UNITED AIRLS HLDGS INC 3.9%

Value ($000) $34,610 Shares 1,000,000 Est. Cost — Unrealized —

DB DEUTSCHE BANK A G 3.3%

Value ($000) $29,378 Shares 3,086,000 Est. Cost $7.45 Unrealized -6.7%

DAL DELTA AIR LINES INC DEL 3.2%

Value ($000) $28,050 Shares 1,000,000 Est. Cost $27.26 Unrealized -9.2%

FCX FREEPORT-MCMORAN INC 2.6%

Value ($000) $22,642 Shares 1,957,000 Est. Cost $10.65 Unrealized -19.4%

BCS BARCLAYS PLC 2.6%

Value ($000) $22,640 Shares 4,000,000 Est. Cost $5.09 Unrealized —

FCX FREEPORT-MCMORAN INC 2.5%

Value ($000) $21,983 Shares 1,900,000 Est. Cost $10.65 Unrealized -19.4%

AA ALCOA CORP 2.4%

Value ($000) $21,525 Shares 1,915,000 Est. Cost $14.78 Unrealized -42.2%

— BED BATH & BEYOND INC 2.4%

Value ($000) $21,200 Shares 2,000,000 Est. Cost $10.46 Unrealized —

TECK TECK RESOURCES LTD 2.4%

Value ($000) $20,840 Shares 2,000,000 Est. Cost — Unrealized —

PHM PULTE GROUP INC 2.3%

Value ($000) $20,418 Shares 600,000 Est. Cost — Unrealized —

ADNT ADIENT PLC 2.2%

Value ($000) $19,704 Shares 1,200,000 Est. Cost $20.04 Unrealized -24.1%

SLB SCHLUMBERGER LTD 2.1%

Value ($000) $18,390 Shares 1,000,000 Est. Cost $22.83 Unrealized -32.2%

— GENERAL ELECTRIC CO 2.1%

Value ($000) $18,237 Shares 2,670,000 Est. Cost $7.94 Unrealized —

GT GOODYEAR TIRE & RUBR CO 2.0%

Value ($000) $17,890 Shares 2,000,000 Est. Cost — Unrealized —

LPX LOUISIANA PAC CORP 1.8%

Value ($000) $15,518 Shares 605,000 Est. Cost $27.66 Unrealized -23.5%

— TWITTER INC 1.7%

Value ($000) $14,895 Shares 500,000 Est. Cost — Unrealized —

DAL DELTA AIR LINES INC DEL 1.6%

Value ($000) $14,025 Shares 500,000 Est. Cost $27.26 Unrealized -9.2%

— APACHE CORP 1.5%

Value ($000) $13,500 Shares 1,000,000 Est. Cost $4.18 Unrealized —

REAL THE REALREAL INC 1.3%

Value ($000) $11,511 Shares 900,000 Est. Cost $11.90 Unrealized 0.0%

AA ALCOA CORP 1.3%

Value ($000) $11,240 Shares 1,000,000 Est. Cost $14.78 Unrealized -42.2%

— CREDIT SUISSE GROUP 1.2%

Value ($000) $10,310 Shares 1,000,000 Est. Cost $10.31 Unrealized —

LPX LOUISIANA PAC CORP 1.2%

Value ($000) $10,260 Shares 400,000 Est. Cost $27.66 Unrealized -23.5%

DBI DESIGNER BRANDS INC 1.1%

Value ($000) $10,155 Shares 1,500,000 Est. Cost $9.18 Unrealized -41.3%

— CREDIT SUISSE GROUP 1.1%

Value ($000) $9,887 Shares 959,000 Est. Cost $10.31 Unrealized —

AXP AMERICAN EXPRESS CO 1.1%

Value ($000) $9,520 Shares 100,000 Est. Cost — Unrealized —

NG NOVAGOLD RES INC 1.0%

Value ($000) $9,180 Shares 1,000,000 Est. Cost — Unrealized —

RIG TRANSOCEAN LTD 1.0%

Value ($000) $9,150 Shares 5,000,000 Est. Cost $5.52 Unrealized -71.8%

— NEOPHOTONICS CORP 1.0%

Value ($000) $8,880 Shares 1,000,000 Est. Cost $7.73 Unrealized —

GOSS GOSSAMER BIO INC 0.9%

Value ($000) $7,800 Shares 600,000 Est. Cost $12.58 Unrealized 0.0%

CLF CLEVELAND CLIFFS INC 0.6%

Value ($000) $5,520 Shares 1,000,000 Est. Cost $7.72 Unrealized -37.1%

CLF CLEVELAND CLIFFS INC 0.6%

Value ($000) $5,520 Shares 1,000,000 Est. Cost $7.72 Unrealized -37.1%

PBF PBF ENERGY INC 0.3%

Value ($000) $3,062 Shares 299,000 Est. Cost — Unrealized —

— WESTROCK CO 0.3%

Value ($000) $2,826 Shares 100,000 Est. Cost $28.26 Unrealized —

— FLOTEK INDS INC DEL 0.3%

Value ($000) $2,570 Shares 2,141,719 Est. Cost $1.20 Unrealized —

ADNT ADIENT PLC 0.2%

Value ($000) $1,642 Shares 100,000 Est. Cost $20.04 Unrealized -24.1%

— TITAN MED INC 0.1%

Value ($000) $1,253 Shares 1,500,000 Est. Cost $1.87 Unrealized —

— SENSEONICS HLDGS INC 0.1%

Value ($000) $780 Shares 2,000,000 Est. Cost $0.63 Unrealized —

— TRANSENTERIX INC 0.1%

Value ($000) $487 Shares 900,000 Est. Cost $0.63 Unrealized —

Ticker	Issuer	Shares	Value ($000)	%	Est. Cost	Unrealized	Class	CUSIP
C	CITIGROUP INC	1,600,000	$81,760	9.2%	—	—	Call	172967424
WFC	WELLS FARGO CO NEW	2,000,000	$51,200	5.8%	—	—	Call	949746101
GM	GENERAL MTRS CO	1,997,300	$50,532	5.7%	—	—	Call	37045V100
BAC	BK OF AMERICA CORP	2,000,000	$47,500	5.4%	—	—	Call	060505104
—	XILINX INC	400,000	$39,356	4.4%	—	—	Call	983919101
MET	METLIFE INC	1,000,000	$36,520	4.1%	$36.45	-20.5%	Call	59156R108
PSX	PHILLIPS 66	500,000	$35,950	4.1%	—	—	Call	718546104
BMY	BRISTOL-MYERS SQUIBB CO	600,000	$35,280	4.0%	—	—	Call	110122108
UAL	UNITED AIRLS HLDGS INC	1,000,000	$34,610	3.9%	—	—	Call	910047109
DB	DEUTSCHE BANK A G	3,086,000	$29,378	3.3%	$7.45	-6.7%	Call	D18190898
DAL	DELTA AIR LINES INC DEL	1,000,000	$28,050	3.2%	$27.26	-9.2%	COM NEW	247361702
FCX	FREEPORT-MCMORAN INC	1,957,000	$22,642	2.6%	$10.65	-19.4%	Call	35671D857
BCS	BARCLAYS PLC	4,000,000	$22,640	2.6%	$5.09	—	ADR	06738E204
FCX	FREEPORT-MCMORAN INC	1,900,000	$21,983	2.5%	$10.65	-19.4%	CL B	35671D857
AA	ALCOA CORP	1,915,000	$21,525	2.4%	$14.78	-42.2%	COM	013872106
—	BED BATH & BEYOND INC	2,000,000	$21,200	2.4%	$10.46	—	COM	075896100
TECK	TECK RESOURCES LTD	2,000,000	$20,840	2.4%	—	—	Call	878742204
PHM	PULTE GROUP INC	600,000	$20,418	2.3%	—	—	Call	745867101
ADNT	ADIENT PLC	1,200,000	$19,704	2.2%	$20.04	-24.1%	ORD SHS	G0084W101
SLB	SCHLUMBERGER LTD	1,000,000	$18,390	2.1%	$22.83	-32.2%	COM	806857108
—	GENERAL ELECTRIC CO	2,670,000	$18,237	2.1%	$7.94	—	Call	369604103
GT	GOODYEAR TIRE & RUBR CO	2,000,000	$17,890	2.0%	—	—	Call	382550101
LPX	LOUISIANA PAC CORP	605,000	$15,518	1.8%	$27.66	-23.5%	Call	546347105
—	TWITTER INC	500,000	$14,895	1.7%	—	—	Call	90184L102
DAL	DELTA AIR LINES INC DEL	500,000	$14,025	1.6%	$27.26	-9.2%	Call	247361702
—	APACHE CORP	1,000,000	$13,500	1.5%	$4.18	—	COM	037411105
REAL	THE REALREAL INC	900,000	$11,511	1.3%	$11.90	0.0%	COM	88339P101
AA	ALCOA CORP	1,000,000	$11,240	1.3%	$14.78	-42.2%	Call	013872106
—	CREDIT SUISSE GROUP	1,000,000	$10,310	1.2%	$10.31	—	Call	225401108
LPX	LOUISIANA PAC CORP	400,000	$10,260	1.2%	$27.66	-23.5%	COM	546347105
DBI	DESIGNER BRANDS INC	1,500,000	$10,155	1.1%	$9.18	-41.3%	CL A	250565108
—	CREDIT SUISSE GROUP	959,000	$9,887	1.1%	$10.31	—	SPONSORED ADR	225401108
AXP	AMERICAN EXPRESS CO	100,000	$9,520	1.1%	—	—	Call	025816109
NG	NOVAGOLD RES INC	1,000,000	$9,180	1.0%	—	—	Call	66987E206
RIG	TRANSOCEAN LTD	5,000,000	$9,150	1.0%	$5.52	-71.8%	REG SHS	H8817H100
—	NEOPHOTONICS CORP	1,000,000	$8,880	1.0%	$7.73	—	COM	64051T100
GOSS	GOSSAMER BIO INC	600,000	$7,800	0.9%	$12.58	0.0%	COM	38341P102
CLF	CLEVELAND CLIFFS INC	1,000,000	$5,520	0.6%	$7.72	-37.1%	Call	185899101
CLF	CLEVELAND CLIFFS INC	1,000,000	$5,520	0.6%	$7.72	-37.1%	COM	185899101
PBF	PBF ENERGY INC	299,000	$3,062	0.3%	—	—	Call	69318G106
—	WESTROCK CO	100,000	$2,826	0.3%	$28.26	—	COM	96145D105
—	FLOTEK INDS INC DEL	2,141,719	$2,570	0.3%	$1.20	—	COM	343389102
ADNT	ADIENT PLC	100,000	$1,642	0.2%	$20.04	-24.1%	Call	G0084W101
—	TITAN MED INC	1,500,000	$1,253	0.1%	$1.87	—	COM NEW	88830X819
—	SENSEONICS HLDGS INC	2,000,000	$780	0.1%	$0.63	—	COM	81727U105
—	TRANSENTERIX INC	900,000	$487	0.1%	$0.63	—	COM	89366M300